December 21, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 1.8% down at 10754
- AD was 5:12

- option writing support 10000 resistance 11000

- expecting some kind of a diametric formation
- this can mean some more downside (say 10600) then a small rally without making a new high
- and then followed by the start of a bigger correction





5 min charts:
- 3 short trades done
- stopped out in 1, profitable in other 2
- one short trade still open



After a lot of small loss making trades (whipsaws), today was a nice day



Another account has half the qtty but same trades

30 min / 60 min charts:
- sell signal on both time frames
- SL 11000

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